over vercome come compl mplexit exity When you become part of - - PowerPoint PPT Presentation
For Broker, Advisor, TPA, or Plan Sponsor Use Only For Broker, Advisor, TPA, or Plan Sponsor Use Only ACEC RT Financial Wellness Program provided by Pensionmark Financial Group, LLC. Pensionmark is a contracted consultant with ACEC RT and not an
For Broker, Advisor, TPA, or Plan Sponsor Use Only
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For Broker, Advisor, TPA, or Plan Sponsor Use Only ACEC RT Financial Wellness Program provided by Pensionmark Financial Group, LLC. Pensionmark is a contracted consultant with ACEC RT and not an affiliated entity. Pensionmark Financial Group, LLC is an investment adviser registered under the Investment Advisers Act of 1940
For Broker, Advisor, TPA, or Plan Sponsor Use Only
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Bec ecome
art t of f somet methin hing g bi bigg gger er and nd
vercome come compl mplexit exity
When you become part of the ACEC Retirement Trust, you get a powerful partner with strong resources, keeping your own resources focused on your business and reacting to, and taking advantage of, the latest business trends.
➢ Over $2 billion in asset ➢ Enhanced fiduciary protection for individual plans ➢ High quality, cost-effective administration and recordkeeping ➢ Access to a wide range of investment options available at a lower cost than individual firm plans ➢ Customized education, proactive plan design and quarterly review and reporting ➢ Student Loan Repayment Solution – tax advantage solution for employers
1.Information as of 8/2018, Empower Retirement
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A fi fidu duciar iary y you ca you can n trus ust
➢ Fully compliant 404(c) platform ➢ Continuous investment review, analysis and monitoring ➢ ERISA 3(38) plus investment fiduciary services and protection ➢ Review of plan service providers and related expenses ➢ Annual and ongoing fiduciary training in ERISA fiduciary compliance ➢ Quarterly Plan Sponsor Meeting
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Ou Our co cons nsultant ultant tea eam
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Your ur se servi vice e tea eam
➢ Plan design, compliance, guidance and support ➢ Monitoring and briefing on regulatory updates ➢ Support with Enrollment Meetings and education ➢ Develop strategies to improve the overall health of your plan ➢ Option to provide paperless transaction processing and approval ➢ Real time plan level reports are available to Plan Sponsors ➢ Targeted Participant education materials are available to all plans at no additional cost ➢ Support with Enrollment and Education Meetings
Each Plan Sponsor is provided a Client Service Manager and a local Relationship Manager
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➢ Cutting-edge solution to the student loan debt crisis
➢ Tool to attract and retain talent
➢ Enables plan sponsors to make tax-qualified 401(k) plan contributions tied to an employee’s student loan repayments
p to 2% compe pensa nsati tion
qualified student loans
p to 5% compe pensa nsati tion
account – pre-tax contribution
ACEC RT Student Loan Repayment Solution
SLR + Qualified plan contributions - ONLY TAX ADVANTAGED SOLUTION AVAILABLE
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Eligible student loans are the following:
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➢ Toll-free Financial Wellness Help Center ➢ Employee Gap / Needs Analysis ➢ Point-in-Time Advice ➢ Personal Financial Portal ➢ Employee Retirement Connect ➢ Monthly Education Webinars ➢ Online Education Center ➢ Social Media
A co comp mprehe ehensi nsive e Fin inancial ncial Wel elln lnes ess s Progr gram
Financial Wellness Program Fi Financ ancial ial Well llness ess Help Center er Employee loyee Retir iremen ement t Connect ect Person
al Fi Finan anci cial al Portal al
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Why ACEC RT?
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Plan Sponsor cost: $25 per eligible participant annually to a max of $2,500 annual plan cost.
Co Cost t be bene nefit fit to par artic ticip ipatin ating g fi firms rms
Service ce Standard rd Cost per Plan**
Cost to Plans ns Part rtici icipa patin ing g in ACEC EC RT
Signature Ready 5500 Preparation
$1,000
Included Annual & Interim Non-Discrimination Testing
$500
Included Plan Document Services
$350 amendment
Included Trustees services
$500
Included Participant Enrollment & Education Meetings
$1250 / day
Included Withdrawal / Distribution fee
$35 / event
Included
*
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Service vice
Stand andard ard Cost t to Non-Tr Trust st Plan an Parti ticipan ipants ts^ Cost to Parti ticipants ipants in the e ACEC EC RT RT Participant Loans
$75-$100 per loan Included
Participant Distributions
$50-$75 per request Included
Financial Hardship Distribution
$50-$75 per request Included
Managed Account Services
0.35%-0.65% 0.15%-0.45%
Fe Fees Analysi lysis Total al Bundled dled Expens ense* e* ACEC Retirement Trust 0.46%
*Average Investment Expense represents dollar weighted average based on November 30, 2018 assets and Trust expenses from 10/1/2017 - 9/30/2018 (Updated Annually) ^Based on industry averages. For informational purposes only.
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Our r in investm stment ent li line-up up an and d success ccess in in fund nd selecti lection
Why ACEC RT? TOTAL NUMBER OF INVESTMENTS TOTAL
On average, 94% of the investments have performed at or above the market indices and/or peer groups*
*Measured against market indices and/or peer groups. This is information represents actively managed investments only.
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ACEC RT Dec T Decli lining ing Ave verage rage Bun undl dled ed Expen pense se Ra Rati tio
art It’s Your Money…Keep it
0.84% 0.76% 0.74% 0.58% 0.58% 0.56% 0.52% 0.46% 0.30% 0.35% 0.40% 0.45% 0.50% 0.55% 0.60% 0.65% 0.70% 0.75% 0.80% 0.85% 0.90% 2012 2013 2014 2015 2016 2017 2018 2019 bps Date
ACEC RT 8 Year Average Expense Ratio*
*Historical ACEC RT data, and current Average Investment Expense Ratio represents dollar weighted average based on September 30, 2018 assets and Trust expenses from 12/1/2018 (Updated Annually) .
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FIDUCIA
IARY
SUPPORT
plan costs
best practices & training
benchmark service providers
administration
fiduciary documentation
FINA
NANC NCIA IAL
WELL
LLNE NESS
INVES
ESTMENT TMENT
SERVI
RVICES ES
PLAN DESIG
IGN
OPTIMIZA
IZATIO TION
demographics
features
participation and deferrals levels
plan contribution deduction limits
Portal with Gap/Needs analysis
participant call center
strategies
Center
investment philosophy
consistency and risk mitigation
Policy Statement
review process
De Dedi dicat ated ed to he help lpin ing our g our me memb mber ers
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You say, “Let’s move.” We’ll do the rest.
➢ We will handle all aspects of the conversion process
➢ Dedicated conversion specialists, managers, and technical experts ➢ Weekly updates ➢ Customized transition plan timeline ➢ Measured results
➢Conversions completed in approximately 60 - 90 days
Why ACEC RT?
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Wh Why s y should uld you you be belo long g to th the e ACEC Ret etir irement ement Trus ust?
Enhanced fiduciary protection Advantage ges of $2 $2 billion n in assets Institutionally-priced inv nvestmen ents ts Con
plan an sponsor
Wide range of in inves estment options Continuing program review&development Included annual plan testing & 5500 preparation Operated by engineers fo for engineers
Why ACEC RT?
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Lydia Zabrycki Director, ACEC RT Education
Phone: (559) 284-0370 Email: Lydia.Zabrycki@acecrteducation.com
Want more inform rmation on our ur prog
Why ACEC RT?
ACEC RT Financial Wellness Program provided by Pensionmark Financial Group, LLC. Pensionmark is a contracted consultant with ACEC RT and not an affiliated entity. Pensionmark Financial Group, LLC is an investment adviser registered under the Investment Advisers Act of 1940
For Broker, Advisor, TPA, or Plan Sponsor Use Only
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Great- W est/Empower Retirement affiliates Disclosures
Great-West is not serving asa fiduciary or aninvestment advisor registeredunder the InvestmentAdvisersAct of 1940 or any Statelaw with respect to theT rust or anyplan participating intheT rust.
PLAN SERVICES: Great-West is the record keeper for theT
rust and for plans participating intheT rust and their services include:performing the duties necessary for the participating plans to comply with legal, regulatory and the respective plan’s
Planservices would alsoinclude plan communication, education, enrollment,website and voice response system.
P ARTICIP ANTSERVICES: Great-West services alsoinclude performing,creating and maintaining records of allparticipant and
beneficiary accounts and the transactions and changes affecting them.This mayinclude participant loaninitiation, loan maintenance, fund transfers, distributions or hardship withdrawals. Participant services would include communicationsto the participant-quarterly statements and newsletters. Planscan retainAdvisedAssetsGroup, LLC (“AAG”), a federally-registered investment adviser, to provide account management, investment advice and guidance services to Planparticipants.AAGis anaffiliate of Great-West.AAGacts asa fiduciary under ERISAinproviding the ManagedAccount service and the OnlineInvestmentAdvice service described below . At the written electionof a Planparticipant, AAGwill provide the following services:
Managed Account Service. TheManagedAccount service isdesigned for the “Do-It-For-Me” investor who wants a financial
expert to manage their account, using funds from within theT rust’slineup.This solution will automaticallyrebalance and reallocatethe participant’s portfolio on a quarterly basis. Thereis a separate fee to the participant for this service.
Online InvestmentAdvice. TheOnlineInvestmentAdvice service is designed for the “Help-Me-Do-It” investor. This option
provides tailored, fund-specific recommendations for each participant but allows the participant to make the finaldecision and implement the recommendations.Thereis a separate fee to the participant for this service.
Online Investment Guidance. The Online Investment Guidance solution is designed for the “Do-It-Myself” investor who wants
confirmation of the most appropriate asset class allocations for their portfolio. Participants choosing this option are still fully incontrol of theiraccount and will make anydesiredchanges themselves. Thereis no additional fee for this service. Fees for these services(asapplicable) are deducted directly from a participant’s account.
ADDITIONALSERVICES: Great-West services alsomayinclude, at the electionof the Plan,Planlevel transactional services as
more fully set forth in theACEC Retiement Trust/Great-West joint Fee Disclosure document.
DIRECTEDTRUSTEE/CUSTODIAN SERVICES: Great-West’s wholly owned subsidiary Great-WestTrust Company
, LLC provides directed trustee and/or custodian services to the plans participating in theT rust and inthat capacity would become a fiduciary with respect to the Planupon participating intheT rust.
Disclosures
ACEC RT Financial Wellness Program provided by Pensionmark Financial Group, LLC. Pensionmark is a contracted consultant with ACEC RT and not an affiliated entity. Pensionmark Financial Group, LLC is an investment adviser registered under the Investment Advisers Act of 1940
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Disclosures
CAPTRUST FinancialAdvisors and affiliates
CAPTRUST Financial Advisors serveasa co-fiduciary to theT rust alongside the trustees of theT rust and also servesas the investment advisor registeredunder the InvestmentAdvisersAct of 1940 with respect to theT rust.
INVESTMENTADVISORY CONSULTING: CAPTRUST Financial Advisors isthe investment adviser to theT
rust and their services include:(i)T rust level investment advice; (ii) Investment Policy Statement development; (iii)Investment Menu development; (iv)Ongoing Investment due diligence; and (v)Fee Benchmarking.
TRUSTPROCESS MANAGEMENT : CAPTRUST Financial Advisors asthe investment adviser to theT
rust provides (i)Online Process Documentation; (ii) CAPTRUSTand Industry Research; (iii)ElectronicRepository of KeyT rust Documents; (iv)Maintain T rust Information Suppliedby Client.
VENDORANALYSIS: CAPTRUST Financial Advisors asthe investment adviser to theT
rust provides (i)V endorAnalysis, Benchmarkingand Scoring; (ii) PlanAdministration and Investment Cost Comparison; and (iii)Overall Recommendation and Ongoing DueDiligence.
Pensionmark Retirement Group
Pensionmark Retirement Group is not serving asa fiduciary or asaninvestment advisor registeredunder the Investment AdvisersAct of 1940 or anystate lawwith respect to theT rust or anyplans participating intheT rust. Pensionmark Retirement Services servesasthe participant education specialist providing participant financial wellness programming that includes:(i)anonline web portal offering participants a simple and secure location to monitor the financial components of theirlives which includes account monitoring, daily real time account updates, spending and budgeting analysis, workshops on spending and investing, comprehensive reporting on cash flow , retirement, investments,etc.,and reward tracking; (ii) a gap analysis that helps participants assessif they are on track to meet their retirement goals and which provides participants with personalized tools to help them manage their progress, and if needed, offers ideas on how they can adjust theirfinancial strategy; (iii)Retirement Connect which consists of a comprehensive suiteof deliverables sent directly to your participants to help them stay updated on retirement and market trends; (iv)the online Investor EducationCenter offers a variety of interactive tools and resourcesto help participants navigate their financial choices. Pensionmark Retirement Services inproviding these services is not acting asa fiduciary under ERISA.
McDermott Will & Emery
McDermott Will & Emery is not serving asa fiduciary to theT rust nor asaninvestment advisor registered under the Investment AdvisersAct of 1940 or anystate lawwith respect to theT rust or the Plan.
TRUSTSERVICES:McDermott Will & Emery is the legal advisor to theT
rust providing legal advice under ERISAand the Code, to ensure the continued tax exempt status of theT rust and to assist theT rustees of theT rust insatisfyingtheir duties under ERISAand the Code.
ACEC RT Financial Wellness Program provided by Pensionmark Financial Group, LLC. Pensionmark is a contracted consultant with ACEC RT and not an affiliated entity. Pensionmark Financial Group, LLC is an investment adviser registered under the Investment Advisers Act of 1940